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MDP

Meredith

$54.80

0.1 (0.18%)

, GOOG

Alphabet

$1,051.94

14.16 (1.36%)

07:06
02/13/18
02/13
07:06
02/13/18
07:06

Meredith partners with Google on launch of new product, AMP stories

Meredith (MDP) announced that it is among the beta publishers launching AMP Stories, which was created in collaboration with the open source AMP project and Google (GOOG, GOOGL). AMP Stories provides a mobile-focused format for delivering news and information as visually rich, tap-through stories. PEOPLE is the first Meredith brand to work on developing the format for the developer preview at the AMP conference in Amsterdam.

MDP

Meredith

$54.80

0.1 (0.18%)

GOOG

Alphabet

$1,051.94

14.16 (1.36%)

GOOGL

Alphabet Class A

$1,054.56

8.29 (0.79%)

  • 28

    Feb

  • 05

    Mar

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    Mar

  • 18

    Mar

MDP Meredith
$54.80

0.1 (0.18%)

11/28/17
JEFF
11/28/17
UPGRADE
Target $80
JEFF
Buy
Meredith upgraded to Buy from Hold at Jefferies
Jefferies analyst John Janedis upgraded Meredith (MDP) to Buy and raised his price target for the shares to $80 from $56. The analyst believes the acquisition of Time Inc. (TIME) is highly accretive and creates "compelling" value. He believes the market, over time, will give Meredith credit for an improved long-term trajectory.
12/01/17
SBSH
12/01/17
DOWNGRADE
SBSH
Neutral
Meredith downgraded to Neutral from Buy at Citi
01/11/18
BNCH
01/11/18
NO CHANGE
BNCH
Strong political environment for broadcasters may be overlooked, says Benchmark
Benchmark analyst Daniel Kurnos said he thinks the particularly strong political environment for broadcasters in 2018 may be being overlooked. Kantar Media/CMAG predicts a 14% increase in 2018 political spending versus 2014 levels, which is ahead of the 8-12% increase most common during comparable political cycles, the analyst noted. Nexstar (NXST) has the greatest overall political exposure among broadcasters in contested states, said Kurnos, who forecasts Nexstar and Meredith (MDP) can grow political revenue 7% and 15%, respectively, compared to 2014. Among the other broadcasters he covers - Gray (GTN), TEGNA (TGNA) and E.W. Scripps (SSP) - Kurnos models flat political revenue vs. 2014 but said this may be "a highly conservative initial outlook."
01/31/18
GABE
01/31/18
UPGRADE
GABE
Buy
Meredith upgraded to Buy from Hold at Gabelli
Gabelli analyst Barry Lucas upgraded Meredith (MDP) to Buy from Hold based on conviction management will be able to extract $400M-$500M of synergies from the Time Inc acquisition. The analyst notes there are risks to the upgrade including secular challenges in magazine publishing and increased leverage.
GOOG Alphabet
$1,051.94

14.16 (1.36%)

02/02/18
MSCO
02/02/18
NO CHANGE
Target $1200
MSCO
Overweight
YouTube, investments make execution critical to Alphabet, says Morgan Stanley
Morgan Stanley analyst Brian Nowak said Alphabet's core websites ad business in mobile and desktop continue to impress, but its Q4 results also speak to areas that need improvement, pointing to the slowing seen at YouTube. Nowak thinks the company's investments are correct and necessary, but he also believes investors will hold Alphabet accountable by expecting it to execute on these initiatives and show higher long-term earnings power, he tells investors. Nowak keeps an Overweight rating on Alphabet but trimmed his price target to $1,200 from $1,215.
02/02/18
FBCO
02/02/18
NO CHANGE
Target $1400
FBCO
Outperform
Alphabet price target raised to $1,400 from $1,350 at Credit Suisse
Credit Suisse analyst Stephen Ju attributes greater than expected marketing spending to promote growth in hardware, cloud, and YouTube as driving the shortfall in Alphabet's operating profit compared to estimates, though he said investors should be "happy to underwrite the incremental marketing and capex" spending in pursuit of the longer-term opportunity. As bright spots in the quarter, Ju points to the company's disclosure that Google's Cloud business is now at a $1B per quarter run rate and likely growing well in the triple-digit range and the fact that device shipments in the hardware business are also growing over 100%. Ju raised his price target to $1,400 and keeps an Outperform rating on Alphabet shares.
02/02/18
02/02/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Apple (AAPL) was downgraded to Market Perform from Outperform at Bernstein and to Sector Weight from Overweight at KeyBanc. 2. Alphabet (GOOG, GOOGL) downgraded to Hold from Buy at Stifel with analyst Scott Devitt citing fourth quarter results and saying he has some longer-term concerns around competition from Amazon (AMZN), Google Cloud Platform market share, regulatory risk and rising traffic acquisition cost. 3. Hershey (HSY) downgraded to Neutral from Outperform at Credit Suisse with analyst Robert Moskow saying the stock deserves a "more narrow" valuation premium to food peers than in the past due to the deceleration of its growth rate and the stagnation of its profit margin. 4. Impinj (PI) was downgraded to Neutral from Buy at Dougherty, to Hold from Buy at Needham and Canaccord, and to Sector Perform from Outperform at RBC Capital. 5. Tractor Supply (TSCO) downgraded to Underperform from Buy at BofA/Merrill with analyst Elizabeth Suzuki saying the fourth quarter results were strong, but the outlook for 2018 was disappointing as management outlined expectations for operating margin compression and a store growth trajectory. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/06/18
CHLM
02/06/18
NO CHANGE
Target $80
CHLM
Buy
Craig-Hallum remains a buyer of Nutrisystem as Google trends continue to lag
Craig-Hallum analyst Alex Fuhrman says Nutrisystem (NTRI) Google (GOOG; GOOGL) trends continue to lag, setting up a buying opportunity despite mixed indicators. Mixed indicators suggest the Nutrisystem brand is not likely to accelerate revenue growth in 2018 from 2017's 23% levels, however the analyst believes there is still strong potential to exceed his estimate of about 11% growth for the brand in 2018. He reiterates a Buy rating and $80 price target on Nutrisystem's shares.
GOOGL Alphabet Class A
$1,054.56

8.29 (0.79%)

02/05/18
ARGS
02/05/18
NO CHANGE
Target $1300
ARGS
Buy
Alphabet price target raised to $1,300 from $1,220 at Argus
Argus analyst Joseph Bonner raised his price target on Alphabet to $1,300, citing strong growth in mobile search as well as "significant revenue growth" from the company's next-generation businesses - YouTube, Google Cloud, and Google Play. The analyst contends that Alphabet is navigating the desktop-to-mobile paradigm shift successfully while adding that the stock valuation is attractive against the backdrop of rapidly expanding business.

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CAR

Avis Budget

$42.45

1.2 (2.91%)

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AUTL

Autolus Therapeutics

$0.00

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IO

ION Geophysical

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-0.7 (-3.28%)

, SLB

Schlumberger

$67.40

2.61 (4.03%)

10:52
06/22/18
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Periodicals
Supreme Court backs Schlumberger in patent fight with ION, Reuters reports »

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ION Geophysical

$20.65

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Schlumberger

$67.40

2.61 (4.03%)

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FNSR

Finisar

$17.03

-0.685 (-3.87%)

10:50
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AUTL

Autolus Therapeutics

$0.00

(0.00%)

10:49
06/22/18
06/22
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10:49
Syndicate
Autolus Therapeutics indicated to open at $30, IPO priced at $17.00 »

Autolus Therapeutics…

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  • 22

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10:47
06/22/18
06/22
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10:47
Conference/Events
Wells Fargo analysts to hold an analyst/industry conference call »

Analysts provide a 3Q18…

NUVA

NuVasive

$55.81

0.33 (0.59%)

10:45
06/22/18
06/22
10:45
06/22/18
10:45
Conference/Events
NuVasive has a conference call hosted by JPMorgan »

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HAIN

Hain Celestial

$30.23

1.04 (3.56%)

10:40
06/22/18
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Options
5K Hain Celestial Aug 29 - 31 call spreads sold at 85c »

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APO

Apollo Global

$31.89

0.18 (0.57%)

, HCP

HCP

$24.78

0.15 (0.61%)

10:37
06/22/18
06/22
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10:37
Periodicals
Apollo the buyer of HCP senior housing portfolio, Bloomberg reports »

HCP (HCP) on June 5 said…

APO

Apollo Global

$31.89

0.18 (0.57%)

HCP

HCP

$24.78

0.15 (0.61%)

03/08/13
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03/06/13
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CMG

Chipotle

$472.84

9.97 (2.15%)

10:35
06/22/18
06/22
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10:35
Options
Expiring Chipotle calls en fuego as shares head toward $500 »

Expiring Chipotle calls…

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  • 10

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PAGS

PagSeguro Digital

$30.52

1.1 (3.74%)

10:30
06/22/18
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10:30
Options
Three-way spreads continue in PagSeguro »

Three-way spreads…

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  • 22

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GM

General Motors

$41.70

0.575 (1.40%)

, F

Ford

$11.82

0.115 (0.98%)

10:28
06/22/18
06/22
10:28
06/22/18
10:28
General news
Trump says 20% tariffs may be placed on all imported European cars »

President Trump just…

GM

General Motors

$41.70

0.575 (1.40%)

F

Ford

$11.82

0.115 (0.98%)

HMC

Honda

$30.76

0.1 (0.33%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$131.64

-1 (-0.75%)

VLKAY

Volkswagen

$0.00

(0.00%)

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$19.48

0.315 (1.64%)

03/08/13
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03/06/13
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  • 10

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10:25
06/22/18
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10:25
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10:25
Conference/Events
Stephens food/agribusiness analyst to hold an analyst/industry conference call »

Food & Agribusiness…

QGEN

Qiagen

$36.61

0.41 (1.13%)

10:25
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Conference/Events
Qiagen participates in a conference call with William Blair »

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CMC

Commercial Metals

$23.22

0.96 (4.31%)

10:22
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STG

Sunlands Online

$9.27

0.32 (3.58%)

, MU

Micron

$59.06

-0.38 (-0.64%)

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STG

Sunlands Online

$9.27

0.32 (3.58%)

MU

Micron

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IDXG

Interpace Diagnostics

$0.90

0.0262 (3.00%)

AYX

Alteryx

$37.60

-1.03 (-2.67%)

BCRX

BioCryst

$5.55

-0.225 (-3.90%)

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NKE

Nike

$74.13

0.19 (0.26%)

, CAKE

Cheesecake Factory

$58.01

-1.86 (-3.11%)

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Downgrade
On The Fly: Top five analyst downgrades »

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NKE

Nike

$74.13

0.19 (0.26%)

CAKE

Cheesecake Factory

$58.01

-1.86 (-3.11%)

HZN

Horizon Global

$6.52

-0.74 (-10.19%)

BKNG

Booking Holdings

$2,108.13

-13.8 (-0.65%)

VRX

Valeant

$24.26

-0.46 (-1.86%)

03/08/13
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URI

United Rentals

$158.72

5.56 (3.63%)

, DG

Dollar General

$99.78

1.09 (1.10%)

10:21
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Upgrade
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URI

United Rentals

$158.72

5.56 (3.63%)

DG

Dollar General

$99.78

1.09 (1.10%)

SO

Southern Company

$45.34

0.04 (0.09%)

ES

Eversource

$56.09

0.39 (0.70%)

DRI

Darden

$107.60

0.53 (0.50%)

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IO

ION Geophysical

$21.85

0.5 (2.34%)

, SLB

Schlumberger

$67.20

2.41 (3.72%)

10:21
06/22/18
06/22
10:21
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10:21
Periodicals
Schlumberger wins high court patent ruling over ION Geophysical, Bloomberg says »

Ion Geophysical (IO)…

IO

ION Geophysical

$21.85

0.5 (2.34%)

SLB

Schlumberger

$67.20

2.41 (3.72%)

03/08/13
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WMT

Walmart

$84.47

0.25 (0.30%)

10:20
06/22/18
06/22
10:20
06/22/18
10:20
Periodicals
Walmart-Advent deal gets Brazil antitrust approval, Reuters reports »

Brazil's antitrust…

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PX

Praxair

$157.72

2 (1.28%)

10:20
06/22/18
06/22
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Options
Praxair calls active as shares see strength »

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10:20
06/22/18
06/22
10:20
06/22/18
10:20
General news
More from Markit: the "strong" end to Q2 data "round off the best quarter for three years »

More from Markit: the…

IO

ION Geophysical

$21.85

0.5 (2.34%)

10:19
06/22/18
06/22
10:19
06/22/18
10:19
Hot Stocks
Breaking Hot Stocks news story on ION Geophysical »

ION Geophysical trading…

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